Richmond VA Accounting Services Blog | Rue & Associates

Blog

02
Nov

FASB Increases Private Company Consolidation Relief

FBSB announced that private companies with the issuance of a standard proposal to improve consolidation accounting for private companies. They also rewritten for all entities the guidance for determining whether a policymaking fee is a variable interest. This would give …

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31
Oct

The Four Top Tax Strategies to Save You Money

Here are four tax strategies that can help you save money: Use your startup costs as a deduction: The IRS provides a tax break by allowing you to deduct up to $5,000 of your initial startup costs. This allows you …

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29
Oct

Getting the Most from Your Accountant

Small business accountants don’t just take care of tax prep and compliance issues, they also help drive access and business. Accountants can help deliver insights to your business by analyzing company data and providing strategic advice in business decisions. Now …

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26
Oct

Important tips that can save your business

Here are some simple tips that are can help you in the long run: Avoid unmanaged cash flow: Keeping a watchful eye on your records. Bookkeepers and accountants personally understand your resources and can track every transaction down to the …

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23
Oct

Time Running Out for New 100 Percent Depreciation Deduction

The Internal Revenue Service is reminding business taxpayers who placed qualifying property in service during 2017 but choose not to claim the new 100-percent depreciation deduction, that they have a limited time to file the required election with the IRS. …

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